TY  - BOOK
AU  - Bouchaud,Jean-Philippe
AU  - Potters,Marc
TI  - Theory of financial risk and derivative pricing: from statistical physics to risk management 
SN  - 0521819164
AV  - HG 101  .B66 2003
PY  - 2003///
CY  - Cambridge
PB  - Cambridge University Press
KW  - Finance
KW  - sears
KW  - Financial engineering
KW  - Risk assessment
KW  - Risk management
N1  - Rev ed of: Theory of financial risk. 2000
N2  - Summarizing market data developments, some inspired by statistical physics, this book explains how to better predict the actual behavior of financial markets with respect to asset allocation, derivative pricing and hedging, and risk control. Risk control and derivative pricing are major concerns to financial institutions. The need for adequate statistical tools to measure and anticipate amplitude of potential moves of financial markets is clearly expressed, in particular for derivative markets. Classical theories, however, are based on assumptions leading to systematic (sometimes dramatic) underestimation of risks
ER  -